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    Property profile & analytics

    8465 Merchants Way Jacksonville, FL 32222

    • Office buildings
    • 16,272 SF
    • 2.00 lot acres
    For Lease
    View listing
    $17 SF/Yr
    Value Estimation
    $370,000
    Last Sale
    Mar 04, 2024
    $388,200
    Location Intelligence
    Property ID
    US18-9060391
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kevin Noel, Realtor® / Real Estate Agent
    • Christopher Michel / Real Estate Agent
    • Andrew Caniff, Realtor® / Real Estate Agent
    • Dragados USA / Corporate Office
    • Watson Realty Corp Oakleaf / Real Estate Agency

    Property Details for 8465 Merchants Way

    Year built
    2006
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.00 lot acres
    Property size
    16,272 SF
    Zone code
    PUD
    Property type
    Office buildings
    APN
    016412-0860
    APU
    164120860

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $390,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $340,000
      7%
      $310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $355,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $255,000
      Mixed-Use
      $355,000
      Hospitality
      $270,000
      Educational
      $330,000
      Residential Income
      $255,000
      Energy
      $330,000
      Income-Based Land
      $305,000
      Food Service
      $355,000

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.8303
    Latitude
    30.1937
    CBSA code
    27260
    CBSA name
    JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $51,337
    $522,162
    $2,292,838
    $2,815,000
    -
    $522,162
    $2,292,838
    $2,815,000

    Comparable in this City

    • Value Estimation by Request
      4,351 SF

      7100 Shindler Dr

      OFFICE BUILDING • 4,351 SF
      7100 Shindler Dr, Jacksonville, FL 32222-2014
      View Details
    • Value Estimation by Request
      5,012 SF

      8483 Merchants Way

      MEDICAL BUILDING • 5,012 SF
      8483 Merchants Way, Jacksonville, FL 32222-2852
      View Details
    • Value Estimation by Request
      28,470 SF

      9868 Family Pl

      MEDICAL BUILDING • 28,470 SF
      9868 Family Pl, Jacksonville, FL 32222-5885
      View Details
    • Value Estimation by Request
      5,681 SF

      8355 Merchants Gate Dr

      MEDICAL BUILDING • 5,681 SF
      8355 Merchants Gate Dr, Jacksonville, FL 32222-5848
      View Details
    • Value Estimation by Request
      1.46 Acres

      103rd St

      VACANT COMMERCIAL LAND • 1.46 Acres
      103rd St, Jacksonville, FL 32222
      View Details
    • Value Estimation by Request
      4,719 SF

      8300 Merchants Way

      FINANCIAL BUILDING • 4,719 SF
      8300 Merchants Way, Jacksonville, FL 32222-2855
      View Details

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    Similar Nearby for Lease

    • $17 SF/Yr
      1,700 SF

      Office Space Available For Rent

      Office space available for lease in Jacksonville, Florida.
      8465 Merchants Way, Jacksonville, FL 32222
      View Details
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      8,400 SF

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      Open-air shopping center with main street element.
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      Prime Duval County retail, multiple spaces available.
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      Regional Shopping Center Space Available

      750,000 SF open-air shopping center in Jacksonville, Florida.
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      Land at Old Middleburg Road

      Land available for rent at Old Middleburg and Collins.
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      30,000 SF

      Former Lucky's Market Sublet

      30,000 SF retail space in rapidly growing Jacksonville area.
      8368-8402 Merchants Way, Jacksonville, FL 32222
      View Details
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    8465 Merchants Way
    Jacksonville, FL 32222
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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